Comcast Co. (NASDAQ:CMCSA) Shares Acquired by O Brien Greene & Co. Inc

O Brien Greene & Co. Inc increased its position in Comcast Co. (NASDAQ:CMCSA) by 2.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,513 shares of the cable giant’s stock after acquiring an additional 283 shares during the period. O Brien Greene & Co. Inc’s holdings in Comcast were worth $529,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Capital World Investors increased its stake in Comcast by 7.4% during the 1st quarter. Capital World Investors now owns 115,703,280 shares of the cable giant’s stock valued at $5,015,737,000 after buying an additional 7,929,963 shares during the period. Dimensional Fund Advisors LP increased its stake in Comcast by 2.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 38,329,384 shares of the cable giant’s stock valued at $1,500,722,000 after buying an additional 1,000,626 shares during the period. Price T Rowe Associates Inc. MD increased its stake in Comcast by 41.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 28,016,389 shares of the cable giant’s stock valued at $1,214,512,000 after buying an additional 8,243,302 shares during the period. Harris Associates L P increased its stake in Comcast by 10.9% during the 4th quarter. Harris Associates L P now owns 18,873,787 shares of the cable giant’s stock valued at $827,616,000 after buying an additional 1,854,671 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC increased its stake in Comcast by 3.4% during the 4th quarter. Hotchkis & Wiley Capital Management LLC now owns 11,304,304 shares of the cable giant’s stock valued at $495,694,000 after buying an additional 368,685 shares during the period. Institutional investors and hedge funds own 84.32% of the company’s stock.

Comcast Stock Performance

CMCSA stock opened at $39.28 on Wednesday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.66 and a current ratio of 0.66. The stock has a market cap of $154.12 billion, a P/E ratio of 10.39, a P/E/G ratio of 1.03 and a beta of 1.01. The firm has a 50 day simple moving average of $39.43 and a 200 day simple moving average of $39.67. Comcast Co. has a 52 week low of $36.43 and a 52 week high of $47.11.

Comcast (NASDAQ:CMCSA) last posted its earnings results on Tuesday, July 23rd. The cable giant reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. The firm had revenue of $29.69 billion during the quarter, compared to analysts’ expectations of $30.02 billion. Comcast had a net margin of 12.46% and a return on equity of 20.17%. The company’s revenue was down 2.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.13 earnings per share. Research analysts anticipate that Comcast Co. will post 4.23 earnings per share for the current fiscal year.

Comcast Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 23rd. Shareholders of record on Wednesday, October 2nd will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date is Wednesday, October 2nd. Comcast’s dividend payout ratio (DPR) is presently 32.80%.

Wall Street Analyst Weigh In

Several equities analysts have commented on CMCSA shares. StockNews.com cut shares of Comcast from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 13th. The Goldman Sachs Group started coverage on shares of Comcast in a research note on Tuesday, June 25th. They issued a “buy” rating and a $44.00 price objective on the stock. Seaport Res Ptn cut shares of Comcast from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 24th. Evercore ISI lowered their price objective on shares of Comcast from $50.00 to $48.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 2nd. Finally, BNP Paribas cut shares of Comcast from a “neutral” rating to an “underperform” rating and set a $34.00 price objective on the stock. in a research note on Tuesday, June 11th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $45.78.

About Comcast

Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.